Key Takeaways: CTA and Financial Transparency: The Corporate Transparency Act (CTA) enacted in 2021 promotes financial transparency. It mandates specific entities to report Beneficial Ownership Information (BOI) to FinCEN, aiding…
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Not-for-profit organizations play a crucial role in addressing various social and community needs. To effectively fulfill their missions, not-for-profits must maintain accurate financial records and practice sound accounting and bookkeeping.…
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Financial institutions are the lifeblood of many local economies, providing essential financial services to individuals and small businesses. However, the landscape in which they operate is constantly evolving, especially in…
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If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided tax-wise until year end when the final results…
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On September 6, the Financial Accounting Standards Board (FASB) unanimously voted to finalize new accounting rules on cryptocurrency assets — less than five months after the proposed standard was issued…
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With the escalating cost of health care, many people are looking for a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a…
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